Common use of Legal Status and Capacity of the Transferee Clause in Contracts

Legal Status and Capacity of the Transferee. The Transferee has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently as a subject of actions. The execution by the Transferee of this Agreement and its performance of the obligations hereunder will neither violate any relevant laws, regulations and government orders nor conflict with any contract or agreement to which the Transferee is a party or by which its assets are bound.

Appears in 6 contracts

Samples: Exclusive Call Option Agreement, Equity Transfer Agreement (Youku Tudou Inc.), Equity Transfer Agreement (Tudou Holdings LTD)

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